The economy of Minnesota produced US$243 billion of gross domestic product in 2005. Minnesota headquartered 31 publicly traded companies in the top 1,000 U.S. companies by revenue in 2011. This includes such large companies as Target, and UnitedHealth Group. The per capita personal income in 2004 was $36,184, ranking eighth in the nation. The median household income in 2005 was approximately $52,024, ranking eleventh in the nation.
Read more about Economy Of Minnesota: Income and Retail, Industry and Commerce, Energy Use and Production, State Taxes, Gaming
Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)